Progress
Software Corporation (NASDAQ: PRGS), a global software company that
simplifies and enables the development and deployment of business
applications, today announced that B&L
Information Systems, the leading innovator in the design and
development of metalcasting-specific ERP software, has successfully
transformed its Odyssey ERP offering to a Software as a Service (SaaS)
model with the help of the Progress®
OpenEdge® product.

B&L’s Odyssey software provides foundries and die casters with precise
and timely information to balance customer satisfaction, operational
efficiencies and profitability. With the help of Progress Software, B&L
transformed its traditional ERP software to a SaaS model and doubled its
close rate for the application. The Odyssey SaaS application offering
outsold the traditional model by 300% in the first year and has seen a
revenue increase of 880% since 2009. The SaaS model has enabled B&L to
spend more time on site with customers instead of keeping up backend
systems.

The Progress OpenEdge platform helps Progress’
Independent Software Vendors (ISVs) Partners build dynamic, business
process-enabled applications for secure deployment across any platform,
any mobile device and any Cloud. The OpenEdge platform has evolved over
the last 30 years incorporating new technologies such as multi-tenancy,
data encryption and auditing, security and compliance and user-interface
flexibility.

Quotes

“Progress has given B&L the resources and support needed to grow our
business beyond expectations,” said Matthew Gacek, vice president of
Business Development for B&L Information Systems. “A major benefit for
us was the Progress SaaS
Empowerment Program, which helped B&L develop a business plan,
determine costs, and market our applications. Progress’ tools, market
intelligence and expertise are unmatched by any other provider we’ve
looked into.”

Gacek continues: “Progress has allowed us to do two things very well.
First, they have given us a rock solid platform to work with which means
no crashes or downtime - that’s critical in our industry. Generally, our
customers are smaller, privately held firms. They don’t have resources
for a formal IT department. The Progress OpenEdge product has empowered
us to give them a product that does not require a vast amount of
maintenance resources, which, in turn, allows us to help them improve
their bottom line.”

“Progress has always strived to provide our partners with the
information and services needed for market success,” said Kimberly King,
vice president, Global Partners and Channels for Progress Software.
“It’s great to see that our Empowerment Program played a key role in
growing B&L’s business, and our OpenEdge platform continues to provide
loyal partners, like B&L, with new opportunities to drive their business
forward.”

Progress Software Corporation (NASDAQ: PRGS) simplifies the development,
deployment and management of business applications on-premise or on any
Cloud, on any platform and on any device with minimal IT complexity and
low total cost of ownership. Progress Software can be reached at www.progress.com
or 1-781-280-4000.

Progress, Progress Empowerment Program, and OpenEdge are trademarks or
registered trademarks of Progress Software Corporation or one of its
subsidiaries or affiliates in the U.S. and other countries. Any other
names contained herein may be trademarks of their respective owners.

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